An ancient ICO whale holding $109 million in ETH transferred 3,000 ETH to exchanges in the past 24 hours

According to on-chain analyst Ai Yi, an ancient whale who participated in the ICO subscription of 100,000 ETH in 2015 transferred 3,000 ETH worth $6.94 million to exchanges in the past 24 hours. The whale's ETH cost basis was $0.31 per token, and if the ETH transferred this time is sold, the return would reach 746,324%. Currently, 47,000 ETH worth $109 million remains on-chain. Last night, the whale also transferred over $100 million worth of stablecoins to multiple exchanges, market makers, and OTC institutions for unknown purposes.